Bond rally nearing an end?

[steveosborne]

Quote from mcurto:

As for the debt ceiling, Congress is just trying to make the news with their political games, they should pass it right on time

agree

 

[JayS]

APPROVED: NATIONAL DEBT $9,000,000,000,000.00

 

[newbunch]

Quote from JayS:

APPROVED: NATIONAL DEBT $9,000,000,000,000.00

Another reason for bond to go up. This is quite a move we're seeing the last fewdays, especially considering the Fed will raise again in less than two weeks (to 4.75%, which will be above the 10-year rate of 4.64%).

 

[gharghur2]

True!

But it may mean that the FED will turn from automatic rate increases to 'as required'.

 

[newbunch]

Quote from gharghur2:

True!

But it may mean that the FED will turn from automatic rate increases to 'as required'.

Or not.

Anybody have a chart of 10-year bond yields versus Fed Funds rates? How often to the FFs yield more than the 10-year?

 

[gharghur2]

Quote from Surdo:

That would please me today!



http://www.federalreserve.gov/BoardDocs/speeches/2006/20060316/default.htm

111'19

2yr 102.33 my long is looking pretty good

 

[Surdo]

Good man!

 

[gharghur2]

I'll read that FRB speech tonight
Thanks! looks interesting

 

[steveosborne]

sold part of my long position for a quick profit

 

[newbunch]

Any of you longs selling around here. Looks like the Feb highs (10-yr yield) could be support right here.